Business Roundtable President Says Tariffs Are A Mistake

(Washington, DC) — Business Roundtable President Joshua Bolten says tariffs are a huge mistake and is calling it sad that the President has been led by this kind of advice. On “Fox News Sunday,” Bolten explained a 25-percent tariff on steel imports and a ten-percent tariff on aluminum imports will cause huge damage across broad sectors of the economy. He also warned the proposed tariffs will help some industries at the expense of others. In response to recent tweets by President Trump suggesting a trade war is easy and winnable, Bolten disagrees. He said nobody wins a trade war, especially when the United States depends on goods coming in and goods going out for the nation’s competitiveness.